Hi Martin,
You said: "Good news BCMD goes down.
I don't get it. What the hell is going on????????"
Why would it not go down? Right now, the factors to drive it down are greater than the factors required to drive it up. Also, a lot of people bought on rumor and sold on news. I think we shall have to wait for further teasing here...although this can become very tedious and distracting.
I posted a few weeks ago that I had sold 90% of my holding and held on to 3,000 shares to tuck away and forget about for the foreseeable future. With my small holding now, bought at a good price, I bet that I will be just as ready to jump back in (when the time is right) as someone with ten or twenty times my holding. In the meantime, I will be making more money trading elsewhere than I could sitting here with a larger position.
It just seems so simple to me. Perhaps the difference may be that, unlike many others here, mining in general and gold in particular does not hold any special attraction or romance for me(except that I enjoy wearing it), nor do I have any interests in its history and story. I get the feeling that a lot of people here are really, genuinely fascinated with gold mining and really do know an awful lot about it. However, the stock price does not take this into account...
I must say that my real reward in this has not been as an investor, that is financially, but rather in learning some new things about this sector(and yes, its romance)and in being exposed to some really interesting personalities with lively intelligence and analytic ability. I feel blessed that I am free enough to be open to what others have to offer in terms of their overall humanity and not just their abilities as money makers.
Best,
Charliss
PS.....Was anyone else here fortunate enough to be caught up in that wonderful moon shot with CUL earlier today? |
